Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked yield should …
Stablecoins
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EUR-pegged stablecoins occupy an insignificant portion of the DeFi market even as Europe draws closer to a unified crypto rulebook. According to …
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The decentralized finance (DeFi) community is buzzing after an unidentified wallet swapped $50.4 million in $USDT for just $36,000 worth of $AAVE …
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Finance
Tether invests in Ark Labs to make Bitcoin ready for stablecoins and payments
by shayaanby shayaanTether, the crypto firm behind the most popular stablecoin $USDT, said Thursday it has invested in Ark Labs to bring programmable payments …
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Regulation
Georgia to allow companies to issue stablecoins backed by reserve assets
by shayaanby shayaanThe central bank of Georgia has authorized resident companies to issue fiat-pegged stablecoins that must be backed by assets in reserve. Users …
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Regulation
Stablecoins won’t get any kind of deposit insurance under GENIUS rules, says FDIC chief
by shayaanby shayaanStablecoin users won’t benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, …
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DeFi
Circle’s EURC Leads a Tiny Corner of DeFi as Euro Stablecoins Struggle for Liquidity
by shayaanby shayaanCircle’s $EURC dominates a $1.06 billion euro stablecoin market that controls just 0.35% of total DeFi supply, while EUR swap volume sits …
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Regulation
Europe Has 29 Regulated Stablecoins Under MiCA, So Why Zero Asset-Backed Ones?
by shayaanby shayaanEurope’s regulated stablecoin market is growing under the Markets in Crypto-Assets Regulation (MiCA), but one entire category remains empty. Nearly two years …
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Markets
Insurance Giant Aon Partners With Coinbase and Paxos in Trialing Use of Stablecoins for Premium Payments
by shayaanby shayaanThe world’s second largest insurance broker is teaming up with the crypto exchange Coinbase and the Paypal USD (PYUSD) issuer Paxos to …
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Web3
How Visa Uses Stablecoins for Instant Settlement and Cross-Border Payments
by shayaanby shayaanStablecoins have taken a major leap from crypto exchanges into real payments. Visa now settles transactions using digital currencies such as USDC …